Category: Economy

Extremely Contagious Pig Virus Has Already Killed More Than 4 Million Hogs In The U.S.

Pigs - Photo by Maqi

If you eat pork, get ready to pay a lot more for it.  A highly contagious pig virus known as “Porcine Epidemic Diarrhea virus” has now spread to 27 different U.S. states, and it has killed more than 4 million hogs since last May.  Smithfield Foods, the largest pork producer in the entire world, estimates that approximately 10 percent of all adult female hogs in America have (Read More...)

28 Points Of Comparison Between 1970s America And America Today – Which Do You Think Is Better?

Disco Ball

If you could go back and live in America during the 1970s would you do it?  Has the United States become a better place to live over the past 40 years or have things gotten worse?  Without a doubt there are arguments that can be made both ways.  For example, who really wants to go back to a time when you actually had to “dial” a phone or rewind a cassette tape in order to find your favorite song?  On the other hand, (Read More...)

The Greatest Debt Crisis The World Has Ever Seen Is Coming

U.S. National Debt 2013

The largest mountain of debt in the history of the world just continues to grow even larger, and everyone knows that this colossal debt spiral is not going to end well.  But we all keep playing along because nobody wants the party to end.  Right now, there is an unprecedented ocean of red ink covering the planet.  Globally, governments have never been in so much debt, corporations have never been in so much debt and (Read More...)

How Far Has The U.S. Fallen? America Leads The World In These 36 Shocking Categories…

American Flag

The 4th of July is a great time to celebrate our independence from Great Britain and to remember all of the sacrifices that our forefathers made to make this country great.  But is America still great today?  Have we squandered our inheritance?  Have we wrecked the great nation that previous generations handed down to us?  Those may sound like harsh questions, but the truth is that most Americans know that the United States is (Read More...)

Deflation or Hyperinflation

One economic theory states that we can never have deflation in a long term economy. For prices to deflate would be contrary to the built-in safeguards put forth by the government agencies. The main cause of a deflation would have to be a massive withdrawal of money from the banking system. As long as the money is insured, that is unlikely to happen. I tend to agree with that theory. It is unlikely that prices will go down long term as long as people (Read More...)

NAFTA & GATT Crashed The Economy, Derivatives Sealed The Deal

Since December of 2007, the government and mainstream media have pointed to runaway spending and predatory lending practices as the cause of the economic meltdown. The fairytale we’ve been spoon-fed is that borrowing, lending and the derivatives debacle was brought on with the fiscal abandon of a frat boy with a free brewery pass at spring break. There is no doubt that all three lead to foreclosures and financial ruin for far too (Read More...)

Mania And The Economic Meltdown of Society

Mania and the Economic Meltdown of Society

by Barnabe Geisweiller

During a period of the Dutch Golden Age prices of tulip bulbs reached extraordinary levels. Single tulip bulbs were bought and sold for small fortunes, making some very wealthy. It is widely considered the world’s first speculative bubble and, like all (Read More...)

1, 2, 3 – How To Prove The Truth About The U.S. Economy To Anyone In Three Easy Steps

The U.S. economy is dead on its feet and the majority of the American people don’t even know it.  Sure, most Americans understand that things are not going well right now, but the vast majority are still convinced that we will “fully recover” at some point.  After all, we have always fully recovered and gone on to bigger and better things in the past, haven’t we?  Well, unfortunately this time it is different.  (Read More...)

The New Normal

Many of the things that Americans have been able to take for granted for decades are rapidly coming to an end.  The truth is that a growing economy that produces an ever-increasing amount of good jobs for a thriving middle class is not guaranteed to last forever.  In fact, there are lots of signs that the middle class in America is already being ripped to shreds.  The number of Americans on long-term unemployment (Read More...)

40 Bizarre Statistics That Reveal The Horrifying Truth About The Collapse Of The U.S. Economy

Most Americans still appear to be operating under the delusion that the “recession” will soon pass and that things will get back to “normal” very soon.  Unfortunately, that is not anywhere close to the truth.  What we are now witnessing are the early stages of the complete and total breakdown of the U.S. economic system.  The U.S. government, state governments, local governments, (Read More...)

The Truth About America’s National Debt 2010

America’s national debt is exploding out of control, and still most politicians in Washington D.C. don’t really seem that interested in doing anything about it.  Why?  Well, the truth is that if the U.S. government reduces government spending that will slow down the economy, and if the economy slows down then Americans will blame the politicians, and if Americans are angry at the (Read More...)

I’m 63 And I’m Tired

The following is a piece entitled “I’m 63 and I’m Tired” by Robert A. Hall that has been floating around the Internet. It was recently forwarded to us in an email, and we thought that it expressed the emotions that so many Americans are feeling right now that we should post it here.

If you are touched by Mr. Hall’s letter, please send it out to as many of your friends and family as you can….

I’m 63. Except for one semester in college when jobs (Read More...)